News

Senators want to prevent Putin dodging sanctions via crypto

Senators want to prevent Putin dodging sanctions via crypto

Photo: clipart.com


Maine’s independent senator wants the U.S. to try to limit Russian president Vladimir Putin and others in Russia from dodging economic sanctions by using cryptocurrencies.

Sen. Angus King said he is cosponsoring legislation that would seek to stop Putin and others from using digital assets to make an end-run on tough sanctions placed by the U.S.

He said the proposal would stop any Russian digital assets from being traded in U.S. jurisdictions.

He says the proposal would also include new cryptocurrency transparency requirements and give the Biden administration new powers to go after the digital assets.

Latest Headlines

3 hours ago in Local

Two Arrested in Months-Long Maine Drug Enforcement Investigation

Both were taken to the Somerset County Jail.

4 hours ago in Local

All Residents Displaced from Biddeford Apartment Fire

The Red Cross is working with the building owner and tenants to find temporary housing.

6 hours ago in Local

Missing teens found after traffic stop in Portland

Portland Police say they located two missing teenagers from the Augusta area during traffic stop overnight Thursday morning.

8 hours ago in Local

Lewiston man sentenced for manslaughter, OUI in connection with fatal crash

A Lewiston man was sentenced to five-and-a-half years behind bars for causing a fatal crash in Lewiston last spring.

13 hours ago in Sports, Trending

NFL teams are almost on the clock as draft night in the Steel City has arrived

Put aside the mock drafts because it's time for the real deal. The NFL draft is here in the Steel City.